Essential Utilities (WTRG) Tax Rate (2009 - 2026)
Essential Utilities (WTRG) posted quarterly Tax Rate of 2.77% for Q1 2026, up 1059.0% year-over-year from 0.24% in Q1 2025, and down 37.96% quarter-over-quarter from 4.46% in Q3 2025.
Essential Utilities (WTRG) Tax Rate (2009 - 2026) Analysis & Trends
Essential Utilities (WTRG) has reported Tax Rate for 18 consecutive years, with 2.77% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 1059.0% year-over-year to 2.77%; the TTM figure through Mar 2026 stood at 0.91% (up 142.0% YoY), while the FY2019 annual figure was 6.15%, up 151.0% from the prior year.
- Tax Rate declined to 2.77% in Q1 2026 per WTRG's latest filing, from 4.46% in the prior quarter.
- Across five years, Tax Rate topped out at 18.58% in Q3 2024 and bottomed at 19.8% in Q1 2023.
- Historically, Tax Rate has averaged 0.11% across 5 years, with a median of 2.41% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 2344 bps — and 2025, when it tumbled 1412 bps.
- Essential Utilities' Tax Rate stood at 6.53% in 2022, then sank by 174 bps to 4.86% in 2023, then jumped by 482 bps to 18.58% in 2024, then tumbled by 76 bps to 4.46% in 2025, then tumbled by 38 bps to 2.77% in 2026.
- Business Quant data shows WTRG's Tax Rate at 2.77% in Q1 2026, 4.46% in Q3 2025, and 4.07% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.29 Bn | 26.10 Bn | - | 22.22% |
| 2 | Essential Utilities | 11.20 Bn | 11.19 Bn | - | 3.11% |
| 3 | American States Water | 3.36 Bn | 3.34 Bn | 278.03 Mn | 21.20% |
| 4 | California Water Service | 2.99 Bn | 2.90 Bn | 263.45 Mn | 30.48% |
| 5 | H2O America | 2.57 Bn | 2.47 Bn | 197.11 Mn | 13.09% |
| 6 | Middlesex Water | 1.09 Bn | 1.08 Bn | - | 10.80% |
| 7 | Consolidated Water | 527.52 Mn | 401.19 Mn | 10.92 Mn | 4.85% |
| 8 | York Water | 516.69 Mn | 516.13 Mn | - | 2.13% |
| 9 | Artesian Resources | 362.06 Mn | 357.80 Mn | 26.56 Mn | 50.86% |
| 10 | Pure Cycle | 274.30 Mn | 265.86 Mn | 4.29 Mn | 24.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.11% |
| Jun 30, 2026 | 3.11% |
| Jun 30, 2026 | 3.11% |
| Mar 31, 2026 | 2.77% |
| Mar 31, 2026 | 2.77% |
| Mar 31, 2026 | 2.77% |
| Sep 30, 2025 | 4.46% |
| Sep 30, 2025 | 4.46% |
| Sep 30, 2025 | 4.46% |
| Jun 30, 2025 | 4.07% |
| Jun 30, 2025 | 4.07% |
| Jun 30, 2025 | 4.07% |
| Mar 31, 2025 | -7.83% |
| Mar 31, 2025 | -7.83% |
| Mar 31, 2025 | -7.83% |
| Sep 30, 2024 | 18.58% |
| Sep 30, 2024 | 18.58% |
| Sep 30, 2024 | 18.58% |
| Jun 30, 2024 | 2.41% |
| Jun 30, 2024 | 2.41% |